HomeTermsCompareFinance Acceleration ClauseThe definition for Acceleration Clause:Clause used in an installment note and mortgage (or deed of trust), which gives the lender the right to demand payment in full upon the happening of a certain event, such as failure to pay an installment by a certain date, change of ownership without the lender's consent, destruction of the property, or other event which endangers the security of the loan. Click to compare definitions of Acceleration Clause Click to view definitions beginning ac |